Inverness Medical Point of Care Diagnostics

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Inverness MedicalPoint of Care Diagnostics
Larimer County Bioscience Event
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Inverness Medical Overview
Inverness Medical is a leading provider of
innovative diagnostic products for womens health
and chronic disease self-management. We remain
committed to advancing health through a continual
flow of innovative new products driven by our
strategy of investing in RD, and intellectual
property.
Consumer Diagnostics
Professional Diagnostics
Cardiology Products

• Acquired Unipath in December 2001 key lateral
  flow IP
• Long-term Pfizer agreement to expand pregnancy
  franchise
• Introduced the worlds only digitally read home
  pregnancy and home ovulation test
• Consolidated 1 unit market share in US, UK,
  France, Canada, Japan, Australia and Germany
• Vitamins

• Acquired Wampole position in professional
  diagnostics and IP in 2002
• Acquired Abbotts Rapids in two transactions in
  2003
• Acquired Binax - Respiratory Rapids in 2005
• Acquired Biostar Infectious disease rapids in
  2005
• Created largest rapid diagnostics sales
  organization in US and Europe in 2006
• Obtained rights to rapid FOB, and TSH tests
• All major lateral flow IP owned by Inverness

• Acquisition of Ischemia diagnostics in February
  2005
• Obtained rights to D-dimer test
• RD investment and formation of Sterling Medical
  Innovations

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Impact of Rapid Tests in a Lifetime
PRENATAL GBS hCG Rubella
NEONATAL GBS RSV
PEDIATRIC GAS Flu Meningitis Rotavirus RSV
ADOLESCENT GAS Flu Lyme Meningitis Mono Chlamydia
Gonorrhea Trichomonas
ADULT Flu D-dimer hCG H.pylori Legionella Lyme S.p
neumo Chlamydia Gonorrhea Trichomonas TSH
GERIATRIC Flu CdTOX D-dimer Legionella S.pneumo
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Inverness Technologies
Common format, familiar, typically CLIA
Waived Short time to results in about 10 minutes
or less
All light (reflection) contributes to signal
detection Planar surface allows for faster
binding and reduces non-specific binding, best
for difficult samples
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Job Opportunities
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Challenges

• Changes in Business Unit Ownership
• Competition
• Marketing Strategy
• Product Development
• Product Timeline and Feasibility
• Maintaining Skill Set